Guizhou Aviation Technical Development Balance Sheet Health
Financial Health criteria checks 6/6
Guizhou Aviation Technical Development has a total shareholder equity of CN¥1.8B and total debt of CN¥768.3M, which brings its debt-to-equity ratio to 43.7%. Its total assets and total liabilities are CN¥3.5B and CN¥1.7B respectively. Guizhou Aviation Technical Development's EBIT is CN¥223.0M making its interest coverage ratio 9.3. It has cash and short-term investments of CN¥256.9M.
Key information
43.7%
Debt to equity ratio
CN¥768.30m
Debt
| Interest coverage ratio | 9.3x |
| Cash | CN¥256.92m |
| Equity | CN¥1.76b |
| Total liabilities | CN¥1.69b |
| Total assets | CN¥3.45b |
Recent financial health updates
Here's Why Guizhou Aviation Technical Development (SHSE:688239) Has A Meaningful Debt Burden
Jun 18
Guizhou Aviation Technical Development (SHSE:688239) Seems To Use Debt Quite Sensibly
Mar 14Recent updates
Here's Why Guizhou Aviation Technical Development (SHSE:688239) Has A Meaningful Debt Burden
Jun 18Why Guizhou Aviation Technical Development's (SHSE:688239) Earnings Are Better Than They Seem
May 06Earnings Report: Guizhou Aviation Technical Development Co., Ltd Missed Revenue Estimates By 13%
May 01There's Been No Shortage Of Growth Recently For Guizhou Aviation Technical Development's (SHSE:688239) Returns On Capital
Apr 24Guizhou Aviation Technical Development (SHSE:688239) Seems To Use Debt Quite Sensibly
Mar 14Financial Position Analysis
Short Term Liabilities: 688239's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 688239's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥507.6M).
Debt to Equity History and Analysis
Debt Level: 688239's net debt to equity ratio (29.1%) is considered satisfactory.
Reducing Debt: 688239's debt to equity ratio has reduced from 51% to 43.7% over the past 5 years.
Debt Coverage: 688239's debt is well covered by operating cash flow (25.9%).
Interest Coverage: 688239's interest payments on its debt are well covered by EBIT (9.3x coverage).